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Public Financial Management Blog: Making Public Money Count - Fiscal Affairs Department - International Monetary Fund - Washington DC - USA Home References, Resources, and Research Archives Job Board About Contact Us About PFM Blog About the Authors About FAD About the IMF Terms of Use Technical Notes and Manuals Reference List Research Country Specific Links Australia - Department of Finance and Deregulation Australia - Gov. of Victoria Austria Brazil - Finance Brazil - Planning Full List of Country Specific Links Other Links AfDB AFRITAC (East) AFRITAC (West) AIST American Accounting Association (AAA) Full List of Other Links PFM & Development Blogs Center for Global Development Committee for a Responsible Federal Budget Blog Daniel Kaufmann’s blog End Poverty in South Asia FreeBalance Sustainability Blog Full List of PFM Development Blogs Macroeconomists’ Blogs FreeBalance Sustainability Blog Brad Setser’s Blog Dani Rodrik’s Blog Econbrowser EconLog Full List of Macroeconomists’ Blogs Translate Blog Caution: automatic computer-generated translations Search COVID-19: IMF Notes on Fiscal Issues The IMF has published a series of notes in its Special Series on COVID-19 . The notes discuss PFM issues and other fiscal topics. The Special Series notes are produced by IMF experts to help member countries address the economic effects of COVID-19. In addition, you can find all of the PFM Blog articles covering the COVID-19 crisis on our PFM Blog Coronavirus Articles page . Continue reading " COVID-19: IMF Notes on Fiscal Issues " » COVID-19: IMF Notes on Fiscal Issues &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F05%2F-covid-19-imf-notes-on-fiscal-issues-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on May 11, 2020 | Permalink | Comments (1) December 17, 2020 Harnessing Accountability Through External Public Audits Posted by Vivek Ramkumar and Claire Schouten [1] So many lives have been upended by the overwhelming health and economic impacts of COVID-19. The good news is that governments have made major spending commitments to shore up their battered economies and to provide direct relief to their populations. The IMF estimates that countries have already announced nearly $12 trillion in emergency spending measures. Continue reading " Harnessing Accountability Through External Public Audits " » Harnessing Accountability Through External Public Audits &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F12%2F-harnessing-accountability-through-external-public-audits-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on December 17, 2020 | Permalink | Comments (0) December 14, 2020 Building Macro-Fiscal Policies and Capabilities in Saudi Arabia to Support National Transformation Posted by Saad Alshahrani, Emre Balibek, and Yasser Sobhi [1] Saudi Arabia has embarked on a major program of national economic transformation. The Kingdom’s Vision 2030, its National Transformation Program 2020, and its Fiscal Balance Program, set out an agenda for reform whose objectives include economic diversification, improving competitiveness and the business environment, increasing foreign direct investment and private sector participation in the economy, and growing the non-oil economy. To support these objectives, the agenda aims at ensuring that the public finances are managed efficiently, effectively, and sustainably, while adhering to high standards of transparency and accountability with a strong emphasis on performance and results. Continue reading " Building Macro-Fiscal Policies and Capabilities in Saudi Arabia to Support National Transformation " » Building Macro-Fiscal Policies and Capabilities in Saudi Arabia to Support National Transformation &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F12%2F-building-macro-fiscal-policies-and-capabilities-in-saudi-arabia-to-support-national-transformation-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on December 14, 2020 | Permalink | Comments (0) December 10, 2020 UNDP-IMF Roundtable on Green Budgeting in Asia Posted by Asad Maken and Claude Wendling [1] On November 3, the United Nations Development Program (UNDP) and the International Monetary Fund (IMF) jointly organized a roundtable on green budgeting practices in the Asia Pacific Region. The roundtable aimed to provide a comprehensive picture of green budgeting practices in Asia and sought to move the dialogue beyond the current focus on green budget tagging. The Asia Pacific Region is a forerunner in green budgeting. This can be attributed to these countries’ direct experience with the impact of climate change leading to a strong emphasis on building home grown capacity and intensive support by international organizations such as UNDP and the World Bank. Building on countries’ experiences the roundtable aimed to address the following set of questions: What are the critical capacity constraints for putting in place green budgeting? How can countries integrate green budgeting practices into the budget process while maintaining the effectiveness of this ? Which green budgeting practices are more likely to make a difference in terms of influencing actual decision making and policy? Continue reading " UNDP-IMF Roundtable on Green Budgeting in Asia " » UNDP-IMF Roundtable on Green Budgeting in Asia &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F12%2F-undp-imf-roundtable-on-green-budgeting-in-asia-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on December 10, 2020 | Permalink | Comments (0) December 07, 2020 The First IMF Training on Fighting Corruption Posted by Concha Verdugo Yepes [1] These days, there is a lot of activity in preparation for the International Anti-Corruption Day on December 9 th . This year’s United Nations message focuses on RECOVER with INTEGRITY” highlighting that only by putting effective corruption mitigation measures in place will a better recovery be possible. The message also emphasizes that inclusive COVID-19 recovery can only be achieved with integrity. Continue reading " The First IMF Training on Fighting Corruption " » The First IMF Training on Fighting Corruption &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F12%2F-the-first-imf-training-on-fighting-corruption-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on December 07, 2020 | Permalink | Comments (0) December 03, 2020 Public Sector Balance Sheets and the COVID-19 Crisis Posted by Alex Metcalfe and Sybi Hida [1] The Global Financial Crisis of 2008 forced policymakers to expand their macroeconomic analysis toolkit with new tools. These tools helped policymakers apply a macroprudential approach to mitigate risk to the financial system. A recent report from the Association of Chartered Certified Accountants (ACCA) - Sustainable Public Finances Through COVID-19” - argues that existing PFM tools also need to be expanded. Continue reading " Public Sector Balance Sheets and the COVID-19 Crisis " » Public Sector Balance Sheets and the COVID-19 Crisis &uri=https%3A%2F%2Fblog-pfm.imf.org%2Fpfmblog%2F2020%2F12%2F-public-sector-balance-sheets-and-the-covid-19-crisis-.html" Email this Subscribe to this feed Become a Fan on Facebook Posted by Blogmaster on December 03, 2020 | Permalink | Comments (0) November 30, 2020 Delivering Effective Public Investment Management and Governance in Africa Posted by Robert Clifton, Kubai Khasiani and Imran Aziz [1] Public Investment Management (PIM) Units have been established across the Sub-Saharan Africa (SSA) region in recent years. These units are usually located in a country’s Ministry of Finance or the Ministry of Planning or Economic Development. Their purpose is to strengthen the appraisal, selection...